Articles by R. Ghosh

Email : editor@ibtimes.sg

Toyota fined $12.5 million by China for price-fixing of Lexus cars

Toyota fixed the minimum sales and resale prices of Lexus cars in Jiangsu province between 2015 and 2018

Dec 28, 2019

Elon Musk keeps his promise; Tesla to start Model 3 deliveries in China from December 30

The US electric carmaker will deliver 15 vehicles on Monday to Chinese customers who are all Tesla employees

Dec 28, 2019

Elon musk

Holiday season sales get a boost as shoppers spent a record online this year

Holiday season sales increased 3.4% driven by strong online spending, which jumped a record 18.8% year over year

Dec 27, 2019

Uber founder Travis Kalanick parts ways with company; sells off all his shares

Kalanick had aggressively started selling off his stake in the company after the stock lockup period expired in November

Dec 25, 2019

ByteDance has no plans of selling TikTok; denies media report

ByteDance has lately been making efforts to assure regulators in the US that user data concerning TikTok is absolutely safe in the US

Dec 25, 2019

Electric car startup Rivian raises $1.3bn more as Amazon, Ford up stake in company

Rivian had earlier raised $2.2bn and has now become one of the better-funded companies in the already crowded electric vehicles market

Dec 24, 2019

Elon musk Amazon prime

Boeing sacks CEO Dennis Muilenburg as company's struggle to return 737 Max to service continues

Dennis Muilenburg will step down immediately and be replaced by the company's board Chairman David L. Calhoun

Dec 24, 2019

McDonald's in trouble: Manager of Peru franchise blames faulty machine for employees' death

The manager said that the drinks machine was giving shocks, which was not reported by the local managers to the company's maintenance department

Dec 22, 2019

Uber ordered by Columbia to suspend ride-hailing services for violating competition rules

Uber's crisis continues to grow with the company facing similar ruling in Germany and London in the past one month

Dec 22, 2019

Google fined $167 million by French regulators for mistreating advertisers

French regulators said that given its dominant market position in online search business, the tech giant should also offer fair access to Google Ads

Dec 21, 2019

Facebook

Apple reportedly has a secret team that's developing satellite technology

If reports are to be believed, the iPhone maker has hired a number of engineers and designers from the aerospace and satellite industry

Dec 21, 2019

Spacex Elon musk

Another legal blow: German court bans Uber's ride-hailing business in that country

The ban comes weeks after the Transport of London declined Uber's request for a new London license over safety concerns

Dec 20, 2019

General Motors recalls over 900,000 Chevrolet, Cadillac and GMC models to address battery and brake issues

The carmaker will recall 550,000 pickup trucks and sedans in the first phase, while another 400,000 vehicles will be recalled in the second phase

Dec 20, 2019

Ford to pump in $1.45 billion in its Detroit facilities, add 3,000 jobs

The US carmaker will invest $750 million in its Michigan Assembly Plant and another $700 million in its Dearborn facility

Dec 19, 2019

Facebook and Instagram say won't allow influencers to promote weapons and vaping

It was long overdue from Facebook and Instagram given that they have often faced backlash for allowing social media influencers to promote harmful products

Dec 19, 2019

Facebook

Southwest Airlines continues to bleed as it decides to go without Boeing 737 Max until after Easter

Southwest said it was planning to put the jet off its schedule till April and isn't in response to Boeing's decision of suspending 737 Max production

Dec 18, 2019

More employees join strike at Amazon's facility centers in Germany ahead of Christmas

The e-commerce giant has 20,000 employees in Germany but has said that the strike is by a small portion and hasn't affected its operations

Dec 18, 2019

Amazon prime

NBCUniversal reshuffles top management; Jeff Shell to replace Steve Burke as CEO

The announcement comes just months ahead of the launch of the its much-awaited Peacock streaming service

Dec 17, 2019

Intel acquires Israeli AI chipmaker Habana for $2 billion in a bid to boost its data-center business

Intel has been trying to expand it AI portfolio and focus more on its data-center sales lately, as PC sales continue to stagnate

Dec 17, 2019

Artificial intelligence

1,480 chief executives departed this year: Another five to make it a record year

October and November combined saw 320 chief executives stepping down from their post

Dec 16, 2019

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